$BTC - 1D TIMEFRAME OUTLOOK.
We can't be bullish until turning this gray resistance box into support...
The first challenge is breaking the blue diagonal resistance.
I'm waiting for a reclaim of $18.000.
#Bitcoin
Hey folks,
Bitcoin price entered an institutional ranging (consolidation) phase right after the $10k dump. My game-plan is as follows:
Assuming the demand area will hold and buyers will get tempted to buy at the demand price, then I expect BTC to reach 57,200 mark and that's where I'm setting my first profit target. If the price manages to break above the 52.2k...
